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. >>> fueled by a weaker yen and strong sales of cameras in the u.s. >>> and shares in virgin media rally after an offer for a takeover that could value the uk cable operator at $20 billion. >> all right. welcome to tuesday. >> it's get together tuesday. coordinated, as well. >> the final print for the eurozone is finally come in, 48.6, a little better than the forecast of 48.2. >> may i just say, though, the employment index, look at that, 46.1, which is just barely better than the flash estimate but still the lowest since december 2009. on a downward trajectory. it's not germany where the final composite was 54.4. it's the periphery still. france's final january pmi falls to 46.1. >> france is where the concern is. we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that'
exercise with the u.s. navy. the drills are being conducted off of south korea's east coast. we have more from seoul. it is an exercise that has been months in the planning. -- >> it is an exercise that has been months in the planning. a third nuclear test could lead the us and south korea to plan for a preemptive strike against the north in the future to prevent a nuclear missile launch. >> the us will have a nuclear submarine around the korean coast. the nuclear power can be deployed to korea. if the us and korea want, they will pre-empt, attack preemptively any time. >> they released footage of the president being briefed by security staff. >> north korea should pay the price for its provocation. we will recommend sanctions with practical effect. >> what was interesting was the wording, an explicit promise to carry out direct actions against north korea as part of the sanctions, a little more than a week after north korea said it would take strong, physical countermeasures against the south if it did so. it is very publicly responding to that challenge. from beijing, north korea's trad
exhaust gases. it appears similar to one used in iran indicating possible assistance from tehran. researchers estimate construction could be completed in 2016. they say it would enable north korea to launch rockets three to four times larger than previous versions. >>> north korean officials used the site to launch long range ballistic missiles in 2006 and 2009. >>> tens of thousands of north koreans have gathered together for a show of solidarity. scientists carried out an underground nuclear test earlier this week at the site in northeast. people marked the achievement at a rally in the capital. military officers and civilians gathered in a square in pyongyang. they listened to speeches from dig ani they listened to speeches from dig antarie dignitaries. north korean leader kim jong-un did not attend. the party secretary said that the test was a self-defense measure against u.s. hostility. he said if u.s. officials continue to increase pressure north koreans will respond with high level counter measures. another official threat is capable of attacking military basis on the u.s.
access like over here. i know this is hard to see with the light, the unite the will to use our copies that we have been back afterwards. .. they also would benefit from having their revenue source to do a lot more, so this is a wonderful that you can use. let's see, this is another prop that shows carbon energy efficiency spending relative to the carbon intensity that would show you might be spending a bit of money on energy efficiency but you have the carbon intensive energy sources in your state. what are the spaces that fall into that particular squadron, and that might be other candidates for energy efficiency programs. all right with. moving along. this is an example of how you have the comparison interface that the tool allows you to do. this is an interactive feature. so, for example, you hear that the epa is moving forward on greenhouse gases and that it's very receptive to the alternative means of achieving compliance. what would you want to do? with the market base things that you want to do? this particular tool would allow you to look at for example the benefits of
important meetings of the year. shinzo abe is flying to washington for his first talks with u.s. president barack obama since he took office in december. their agenda is packed and their discussions are expected to touch on everything from a wide-ranging free trade deal to punishing north korea. >> translator: i want the summit talks to show the international community that japan and the united states have restored the strong bond of their alliance. >> abe says that alliance became unstable during the former democratic party-led administration. he says he's going to talk to obama about the u.s.-led negotiations for the transpacific partnership. nations that joined the discussions for the free trade agreement are supposed to in principle eliminate all tariffs, but abe doesn't want to abide by the precondition. abe and obama are expected to share ideas on what to do about north korea. scientists in the country last week carried out their third nuclear test. they are agreed to push for a nuclear resolution imposing new sanctions on pyongyang. >>> government officials say the prime minister wi
. south korean defense officials say air force troops from the two countries are conducting a drill using f-16 fighter jets. the pilots are preparing for possible aerial combat and air raids on north korea. south korean navy commanders say they are holding ameritime mobility exercise involving 20 naval ships. army officers say they are also planning to conduct a shelling drill this week. defense officials in seoul have somehowed off a key part of their military's fire power. they released video of the newly-deployed cruise missile. the 50-second clip shows the weapons hit targets after being fired from a destroyer and a submarine. >> translator: the military is releasing the footage to ease public anxiety by showing south korea is fully equipped to deal with the north korea's nuclear missile threats. >> reporter: the general said the missiles could hit targets in north korea, even small ones. the weapons could strike the country quickly if launched by submarines near the coast. while the military stays on alert, members of the national assembly are showing political resolve. they adopted
. >> and is steady as she goes, the u.s. economy is expected to keep up the recent trend of modesty of unspectacular job growth in january. >>> plus, the dutch finance minister warns of a worsening deficit this year, this after the government is forced to bail out local banks after a bailout of 3.7 million euros. >>> we kick off with the pmis out of the eurozone. january manufacturing pmi, 47.9. the flash 47.5, december manufacturing pmi was 46.1. it has boosted the euro to maintain its gaze, now back over to 1.3651 and continuing to climb high. that is now a 32-month high against the yen, as well, at 11.25965. the german manufacturing pmi was a little better, as well, this morning. helping to boost those numbers. we suggest that there's benefits from emerging markets rather than, perhaps, from elsewhere in europe. anyway, coming in better once again for the eurozone. still in contraction territory, but, of course, the trend is what is being concentrated on. we had similar indicators for two die verging views on china's recovery. eases to 50.4 for january, that was below the forecast of 5079 the. bu
joins us again this morning. steve, we actually finally start the meetings today. we've had comments out from the russian finance minister, as well. what's he saying? >> well, he's trying to get us back on track on to a growth agenda, which when you look back at what the agenda was a couple of meetings ago back in toronto in 2010, that was sorely missing. that was about harboring deficits and having firm targets. it hasn't really worked, has it? what they've said is our growth estimates were slightly optimistic. listening to what some of the policymakers are saying this time around, the likes of mario draghi, i'm scratching my head a little bit. there's some uncontentious stuff. i can live with that. range of financial market indicators showing situation normalizing. but what about this bit? currency chatter is inappropriate, fruitless and self-defeating. hang on a second, mr. draghi. it wasn't us, the journalists that started this. it was policymakers. it was the g- 7. it's incestble we're going to start rumbling about this. i can't help but thinking mr. draghi is missing the point here
westgate is away but we'll do our best without him. we have michael brown to help us through things. coming up on the program, we'll head out to hong kong where china is requiring a reinstruct during of the economy. >>> after that, of course, the super bowl wasn't just one of the on biggest sporting events of the year, it was one of the biggest days of the year for madison avenue. we'll take a look at which ads were touchdowns and were ads were fumbles. >> mariana rajoy meets angela merkel. >>> plus, upcoming elections that sylvia berlusconi has called his last great electoral and political battle. >>> the power to split up uk banks if they fail to -- activity. george osborne is expected to give the bank of england the responsibility to make sure banks are involved in these activities. you have to love the extended analogy. watch the george osborne speech live here at 10:30 local for those of you here with us in the uk. in the meantime, there are more charges at the top over at barclay's. last night, the bank's financial chief and financial chief announced their leaving. tomorrow, barclay's
of hacking attacks on u.s. infrastructure according to an american u.s. computer security specialists. australians this -- australian swimming in the dock. lack of strong leadership. also, we take a look at what is happening in business. dell could be going private? >> absolutely. they are going to be talking about their earnings later on, but shareholders at the moment saying that there is a glitch in the system and it does not add up. it is -- >> it is 12:00 noon here, 7:00 a.m. in london, and in south africa different stories have been appearing in court. he broke down crying after hearing the story of the premeditated murder of his girlfriend. the prosecutor told the court that he had got up from bed, put on his prosthetic legs, walked to the bathroom and shot his crow friend through the door. with the latest details, here is naomi. >> oscar pistorius was in court today. the pair lived decathlete sobbed into his hands as he listened to the arguments about whether he should get bail. prosecutors gave more detail of what they say happened last night. they'll age that -- they allege
are paying them. i can't believe we can't use the marines in these situations. someone has got to do a cost benefit analysis. can you imagine the amount of money we have spent fooling around with these contractors that weren't getting the job done? can you imagine the time we have spent on this and the money that has been spent? i would like for you, general, to talk about the cost benefit of putting marines in our embassies and why in the world this is hard for us to get our arms around and where is the analysis that shows us we are saving any money. >> just to react briefly to what would be necessarily a much longer conversation. the marines are not -- that's not their role or what they do for the nation. could it be at some point potentially? i would hate to think we would make that decision based on costs but it would require a longer conversation. >> i guess my point is god forbid we have something happen in kabul. this would look like child's play if you look at the history of what's gone on in terms of the guard force at kabul. and you know, i want to be to rt would be necessarily a
of the pond is the snowstorm. it seems like winds, 50 miles per hour. blizzard conditions in the u.s. we know when there's a storm like that headed for the biggest media market frankly in the world, it's probably all you're going to hear about for a while. >> that doesn't mean there aren't other things, too the. >> that's true, in other parts of the world. >> china is ushering in the year of the snake. i'm not sure what that means, but we'll talk about it. should investors brace for a slippery return? i have to say, previous years of the snakes haven't been that great since the big historical events happen. >> maybe we should call it year of the strong. >>> peugeot reveals massive write-downs as reports suggest the company may nationalize. we'll have details live tr paris at 10:10 cet. sxwt latest on the blizzard threatening to bring chaos to the east coast. we'll have the latest from atlanta. >> and are investments as pretty as a picture or a still life? ross, there's been a couple of big auctions here lately and it's always a good gauge of how well people are doing, how hard assets, real pr
is cleared for takeoff. reports say the boards at amr and us airways sign off on their $11 billion deal to create the world's biggest airline. >> announcer: you're watching "worldwide exchange," bringing you business news from around the world. >> all right. you're wearing an appropriate valentine's day shirt. >> i am. i tried. there's a little bit of pink if we look at your tie very closely. if you want to know what's happening in the markets today, hold on, ubs, the valentine's day gdp's massacre. >> yes. >> because if you look at when it's japan shrinking at an annualized rate, germany coming in on quarter on quarter, france coming in -- well, we know they had a recession earlier in the year, as well. minus 0.9% on the quarter been minus 2.7 on the year. >> oh, that's brutal. >> it's the sixth consecutive contraction and that match tess recession of 1992 to 1993. the minus 0.9, it was forecast at minus 0.6 is the slash gdp. >> and italy has been down 2.7% on the year, but this is something in the range of almost a 4% annualized drop until the year from a year earlier. >> the massacre
in london or certainly in the u.s. they wouldn't mind seeing at this point. >> we've created a million private sector jobs. >> in britain? >> yeah. >> well, congratulations. >> there you go. that is the great conundrum, right? >> it's true. the different between -- well, and even with germany. the liesh market social security holding up, despite the sharp contraction in the fourth quarter. although this will probably add to the sense that the german economy bottomed during that period. >> did i see any -- i haven't seen any, no. i think that's out a little later. plenty to get through on today's program. >> it's good to be back, by the way. >> biggest take away from the mobile world congress? what's the one thing you saw that you thought, oh, that is really cool. >> i go to a conference like this and i think, machine res taking over the world. >> that's the thing we talk about. i don't like those machine peps. >> exactly. so 50 billion connected-m devic. that's a figure thatjs -- some y the point is, it isn't just about you and i talking to each other on a mobile phone. we are well bey
-off. u.s. markets fell yesterday following the release of the fed minutes. it was the worst day of the year for the s&p and nasdaq. as you can see, shedding 108 points there, a rare triple digit decline this year. energy and material stocks were the worst hit. all ten s&p sectors did hit the day lower. volatility on the rise. the vix rose nearly 20% on this session. the sell-off has continued overnight. the shanghai composite, the australian markets taking it on the chin. will i sixuan joins us from singapore. >> thank you, kelly. fears of an early access by the fed rocks sentiment here in asia today. the nikkei pulls back 1.4% from its 52-month high. investors remain cautious ahead of the decision on the next boj chief. construction equipmentmakers were down after caterpillar reported slowing sales for the quarter ending january. but batterymaker gsyuasa reported a fix over long-term battery problems. the shanghai composite tumbled to 3% today. commodity place were under a lot of pressure today after the u.s. fomc minutes raised the possibility of a qe asset. development and ce
's folks. u.s. post office ending saturday delivery of first class mail. if congress will go for it in but the move has major ram mications for business and for you. markets right now, pretty steady this hour. energy has been the leading sector in this recent rally. so are these still -- these stocks still a hot play or are they too hot to handle now? if you thought profits were the thing that is the only thing that ceos cared about, think again. we will tell what you is keeping top guys and girls up at night. my partner sue is up at the stock exchange. sue? >> hi, ty. money-losing u.s. postal service is ending saturday delivery of first class mail. all in an effort to trim costs. postmaster general speaking to cnbc about the move and ramifications for you and for business. pearson is in washington with the plan and political fall out. hampton, you're up first. >> losing about $36 million a day, cutting saturday first class delivery will save about $2 billion a year. it is really the best short term option right now for the postal service with losing $16 billion last year np
the agenda is the ongoing volatile situation in the middle east and the war in syria. us vice president joe biden addressed a conference and called on the sheer to step down -- the syrian president to step down. >> vice president joe biden has made his anticipated appearance at the munich security conference. one of the key themes of his speech was the situation in the middle east. on the subject of iran, biden offered direct talks over the countries nuclear program. >> we have made it clear at the outset that we would be prepared to meet bilaterally with the iranian leadership. that offer stands, but it must be real and tangible, and there has to be an agenda they are prepared to speak to. we are not prepared to do it for the exercise. >> biden came to dispel fears that the united states would neglect europe due to increasing focus on asia. >> europe is a cornerstone of our engagement with the world and a catalyst for mobile cooperation. -- global cooperation. we need to work together. we need to stick together. we need you as much as you need us. >> biden will also meet the us envoy to sy
the territory. they know the people. they know who is who. they can pick out the rebels and deliver them to us. >> for months they've been training in this camp south of the front line. brooding over what happened last year. that's when rebels first twarring a separatist, but then jihaddies, some linked to al qaeda, came to their homes. they tied up the head of the family and then raped his wife in front of him. and then his daughter. i saw it with my own eyes. i thought my family would be next. so we fled. they raped many women. they took them into the dunes for two or three days and then they came back for more. >> we've heard rebels commit as many rapes. but the militias keen to stress to me there will be no justice. >> you cannot take justice into your own hands. >> this man says he also saw girls taken to be raped. and young men forced to join the rebels. he says now they want revenge. that's the word they're not meant to use. but they're the successors of the previous militia accused of atrocities, particularly against ethnic tuareg and they hope the military will arm them soon. these fo
's will close its structured capital markets business and focus on investing in britain, u.s. and africa. they also posted earnings for 2012, down 6 million pounds versus 5 million last year due to a reduction in the value of the bank's debt along with situation payments for the selling of financial products. barclay's rate dividend to 6.5 shares for 2013 is off to a fairly roam start. joining us first is oliver ralph, financial times lex writer. oliver, thank you so much, indeed, for joining us. what do you make for what you've heard from anthony jenkins this morning? they're obviously trying to say it's going to take time, we're trying to restore our reputation. is it the right thing? >> yeah, it is the right thing. they've launched the business. the core of the bank remains the same. london investment bank and new york investment bank. the core of the bank remains the same. they're making changes around the area and the core of it is as it was. >> talk about the investment bank in particular. this has been the place where not just barclay's, but a lot of the competitors, too, try and
line. >>> the u.s. filed a civil lawsuit against standard & poor's over alleged wrongdoing that fueled a financial crisis. >>> john kerry arrived for work at the state department. kerry was sworn in as secretary on friday. >> as the saying goes i have big heels to fill. >>> a massive fire at a lumberyard in west baltimore. firefighters were hurt when the blog collapsed. >>> dare devil alain robeir and the list of the tall buildings he's climbed. >> 99.99% of america are gun owners. would you leave us the hell alone. >> why aren't you a republican? >> how do you know i'm not? >> because obama appointed you. >> i've made jokes about you but -- >> and all that the mares. >> the public records indicate superdome officials were worried about a possible blackout months before the super bowl. >> on "cbs this morning." zbles that he how hard the city of new orleans parties, even their football stadiums blackout. captioning funded by cbs >>> welcome to "cbs this morning." we are learning new details about the end of an alabama hostage drama. fbi agents raided an
or serious effort to stop it. in fact, with all of this going on, all of this looming, the u.s. senate made a point of reading george washington's farewell address to the chamber today. something they do every year. but, of course, this is no ordinary time, and to the white house we go. nbc's peter alexander standing by there. peter, good evening. >> reporter: brian, good evening to you. there is bipartisan agreement on one thing, that those sequester cuts will likely go ahead as planned at the end of this week. the white house and congressional republicans have made no progress toward a deal. while there was plenty of talking today, almost all of it was critical of the other side. the latest in the parade of public officials issuing dire warnings, homeland security secretary janet napolitano asked if the cuts would increase the likelihood of a terrorist attack. napolitano went there. >> we're going to do everything we can to minimize that risk but the sequester makes it awfully, awfully tough. >> reporter: back from a ten-day recess, house speaker john boehner. >> if the president was seri
this carney testimony? joining us is sophie wynn. how much expectation is built into the pound ahead of this? the expectation is he's going to come in and be fairly dovish. it's a risk that he isn't and, therefore, the pound strengthens. >> we think that the market may be disappointed with the announcement. we don't think we are going to hear anything radical on this statement by the upcoming governor. >> why? >> well, basically, i think, you know, the expectations are that the ecb is going to go for a nominal gdp target at least for some time. and we think the risks are too much for them to -- for the government to pursue these sort of bodies. he will entertain -- before going for this. >> the bank of england will be under some pressure. currencies don't act in a vacuum. so as we see other potential moves to weakening currencies around the globe, we're at 1.5668. where might this pair be headed, then, if you're not expecting carney to come in and immediately talk or wind up having effective currency lower? >> we think the guarantee should weaken readily. we don't think the currency will be,
. and that is why it is so important for us to do the report that we did. i will give you a perfect example. you have loan officers at banks being paid bonuses and pay based on how many loans they created. not whether those were good loans. not taking into account whether the loans would later default and caused sick of it and losses. there were a number of different causes of the financial crisis. we tried to bring a lot of transparency to it, to report on that. we are also doing a lot of work in this area to say what has not been dealt with. you are exactly right, fannie and freddie is not dealt with under dodd-frank. but let's talk about dodd-frank for a moment. there have been reforms to our financial system, but there needs to be significantly more. one thing about dodd-frank is it sets up a framework. but ultimately not all of the rules are implemented. there are very important standards that need to be set by the regulators and treasury. because what we are worried about is trying to protect americans in the event of another financial crisis. we do not want to be in a situation where one
from her later in the show. >>> and taking the positive u.s. housing numbers from the nhab numbers. we'll be in new york with analysis at 11:45 cet. >> the italian election race is heating up. there is less than a week before voters head to the polls. comedian turns politician beppe grillo, in fact, is owes closing in on sylvia berlusconi for second place. official polls can no longer be published. the private polls seen by reuter s suggest mario monti may, in fact b with be something of a spoiler. >> and the election largely coming down to five key candidates. the front-runner is bersani. he's the leader of the center left pd party, calling for growth measures alongside monte's plan. sylvia berlusconi is threatening to make a political comeback despite corruption scandals. we've mentioned the comedian beppe grillo. at the same time, the former caretaker mario monti, he's been struggling to gain ground in his first ever political campaign. and then last, not necessarily least, there's the civil revolution leader and former public prosecutor antonio ingrola. >> only in italian politics.
amanpour joins us from rome. this report was in "the observer," the newspaper, saying one man was a 20-year-old seminarien, cardinal was a spiritual director and inappropriate approaches were made after night prayers. what do you know about the case and what cardinal o'brien is saying? >> reporter: well, look, we know according to published reports there's this case and three other cases. a total of four cases now coming out and accusing cardinal o'brien of inappropriate sexual misconduct. he himself is said to have taken up, obviously, legal counsel. he has, as we've said, resigned but he was resigning months ago. it's just that today pope benedict accepted that resignation. he didn't have to accept it today. it could have been further delayed but he did accept the resignation. and now we've also know, because of statements cardinal o'brien has posted, he will not come here to rome and take part in the election of the next pope in the conclave. he said that he would want the spotlight not to be on him but on the pope. but what is clear, suzanne and michael, is that, look, the sun is settin
is being remembered right now. more on that later. gregg, thank you for being with us today. >> my pleasure. martha: we'll see you back here tomorrow and "happening now" starts right now. jenna: right now we have brand new stories and breaking news. >> the little boy at the center of the hostage drama, tense negotiations to get him free and the high-tech surveillance equipment now helping investigators. >>> also the troop drawdown in afghanistan. new reaction from inside that country. what the afghan people fear might happen when u.s. forces leave. >>> plus, lights out at the super bowl. did you catch this? a power outage putting the big game on hold for more than a half an hour. what was the behind the blackout? jenna: let's not jinx anything. we need our lights. jon: we do. it is all "happening now." jon: first up today, that terrifying hostage situation in alabama now in its 7th day. good morning to you. i'm jon scott. jenna: what a story. good morning everybody, i'm jenna lee. drones are now flying over that underground bunker where police say jimmy lee dykes is holding a 5-year-old boy
republicans will finally allow a vote on the nomination of robert bacharach to the u.s. court of appeals for the tenth circuit. because of this filibuster, something that stopped robert bacharach way last year, a man who came out of the senate judiciary committee unanimously, all democrats, all republicans voting for him, the people of oklahoma, colorado, kansas, new mexico, utah and wyoming have been needlessly denied his services as a tenth circuit judge for seven months. now, the judicial vacancies have again risen to almost 90. we have dozens of judges that get blocked for month after month after month, and then the republicans finally allow a vote on it, it passed with 90 votes or 95 votes or 100 votes, but every time that happens, the federal courts have diminished. every time that's happened, aside from the fact that the people of america wonder what in heaven's name we're doing in this body, anything as foolish as that, but the courts, the federal courts are supposed to be so impartial and outside of politics, they appear to be mixed up in politics. how does anybody, from any of
reaction from inside that country. what the afghan people fear might happen when u.s. forces leave. >>> plus, lights out at the super bowl. did you catch this? a power outage putting the big game on hold for more than a half an hour. what was the behind the blackout? jenna: let's not jinx anything. we need our lights. jon: we do. it is all "happening now." jon: first up today, that terrifying hostage situation in alabama now in its 7th day. good morning to you. i'm jon scott. jenna: what a story. good morning everybody, i'm jenna lee. drones are now flying over that underground bunker where police say jimmy lee dykes is holding a 5-year-old boy hostage. the boy has asperger's syndrome and is said to be as comfortable as possible. it all began when the suspect allegedly boarded a school bus, demanding hostages. police say he shot the driver when the driver tried to intervene. that driver, charles poland, was laid to rest this weekend. investigators say besides careful negotiations, dykes is showing very few signs that he is willing to end the standoff. elizabeth prann is live in mid
minister here. this is an exciting time for us. we know of his leadership through the years and we are really delighted to have him here. we are excited that he can be with us today. i would especially like to say words of thanks for our colleagues. we are delighted to have you here, a senior advisor to the prime minister is here. the deputy chief and cabinet secretary. the ambassador is here, one of my bosses. i have to recognize him. a great service for america and japan, we are delighted to have you here. and the governor from alaska, he is our closest state to japan and has the keenest interest in japan. it is wonderful to have you here, governor. there is a new word in washington, the new economics that prime minister abe is bringing to japan. we have to get ourselves started again and i think that is exactly what he is doing in japan. i would like to take a second, talk about the foreign-policy agenda. japan's foreign policy going forward to protect freedom of thought, expression, and speech in the asia-pacific. can you think of anything more important than that? this will he
meeting. they're due out later this afternoon in the u.s. will the fomc offer clues on an end to qe3? we're joined at 11:30 to weigh in. >>> with india's government clouded in corruption allegations, we'll speak to one of the country's wealthiest individuals and what it means for business. billionaire udai kotak joins us in 20 minutes' time. >>> plenty coming up including sony which is heading to the bill apple for a major on, national endowment. will the game console giant take the wraps off its rumored playstation? expert analysis at 11:20 cet. >>> and bhb bulletin has posted a steep fall in earnings for the first time in the year. the australian mining giant announced change at the top after the 43% drop in profit. we have more on this report from sydney. >> reporter: the surprise at bhp, billiton's ceo mariu marius kloppers announcement coming earlier than expected. >> coincided today with a weaker pricing environment. but two totally unrelated events. >> reporter: he will be replaced by andrew mckenzie, current head of bhp's middles division. he's well regarded in the industry and s
correspondence sent us this summary of tuesday's trading from the frankfurt stock exchange -- our correspondent said us this summer. >> some shares were strongly in demand while others found themselves deeply on the downside. some of the tightening rules might make strong banks even stronger, and that banks could profit which have many corporate clients and many international clients. stock market in general this tuesday managed to recover somewhat from the losses of the beginning of the week, also due to positive economic data. the german engineering sector managed to post a significant increase of factory orders again. >> a look now at the raw numbers from the markets. the dax ended the day of a bit, more than 0.3%. euro stoxx 50 rose nearly a full percentage point. the dow jones is up 0.87%, and the euro is trading against the dollar at $1.3579. >> the u.s. justice department is suing standard and poor's for its alleged role in the 2008 financial crisis. wall street investors say they were expecting the move. in 2007, the ratings agency made its fortune by giving high credit ratings to worth
will dramatically -- he will not be creating a food that is in front of you anymore. these are simple ways for us to nudge the biology of blubber and the right direction. sedentary lifestyle? if you sit -- your mortality rates increase is 11%. it is important because it avoids frailty. if i got rid of all the can see in america, we would live in average of 2.8 years longer. that is it. a little more than two years longer. what kills people is not the cancer, it is there too frail to whether the treatment or recover after word spread same for heart disease. we go around the world where people live a long time. what do you do about it? you have to push yourself. look in the wild. when you do not push yourself, you end up with a bony problems. osteoporosis. you have medications for it, but they are expensive. they do not work as well as resistance training. getting people to recognize it means reminding them what they used to do. here is a cheetah chasing its prey. watch what happens. ask yourself -- when was the last time you went at full speed? when was the last time you gave it everything you had
's it for us. thanks for watching. "erin burnett out front" starts now. >> a suicide bomber stages a deadly strike on an american embassy and this time the white house quick to label it a terrorist attack. >>> plus, a prosecutor gunned down on the way to work. friend says he believes he was in serious danger. was it revenge for doing his job? >>> and guns and politics. did joe biden slip of the tongue just wreck the president's message on guns? let's go out front. >>> good evening, everyone. i'm erin burnett. american embassy attacked. a suicide bomber struck at a security checkpoint at the american embassy in turkey today, and this time the white house immediately labeled it an act of terror. >> a suicide bombing on the perimeter of an embassy is by definition an act of terror, a terrorist attack. however, we do not know at this point who is responsible or the motivations behind the attack. the attack itself is clearly an act of terror. >> an act of terror regardless of who is responsible or what their motivations are. more on that in a moment, but first, chris lawrence at the pentagon. ch
satellites. stay with us. we will find out if this is something we all should be worried about. stay with us. jamie is here on planet earth with all the business news. the g-20 ministers are meeting on this weekend to talk about the currency wars. >> it is very important. it's all about devaluing. the reason why people get upset about it countries devouring their currency is everybody cannot do it. you cannot all duo it. >> has the concern and prompted by japan? quests, yes, japan is devalued by 20%. the g-20 group of nations is meeting in moscow. there's no doubt this will be on top of the agenda. accusations have been flying that certain developed economies have been trying to devalue their currencies inboost their e their struggling economies a boost. japan has been cast as the chief >> the winner in this scenario would be the country that gets the weakest exchange rate because they would have a competitive advantage and able to export more, so that would create more jobs. bringies want to themselves advantage. >> there's been more bad news for british retailers. sales in january down aga
-free. use promo code: gethelp. if you're not completely satisfied, notify lifelock and you won't pay a cent. order now and also get this shredder to keep your documents out of the wrong hands-- a $29 dollar value, free. get protected now. call the number on your screen or go to lifelock.com to try lifelock protection risk free for a full 60 days. use promo code: gethelp. plus get this document shredder free-- but only if you act right now. call the number on your screen now! tracy: good afternoon. i am tracy byrnes. ashley: and i am ashley webster. congress off this week. tracy: talk about sticker shock at the pump. gas prices climbing 432 straight days. i have cried every 32 of those days. ashley: immigration outrage. working on a bipartisan answer. they are getting riled up. so is lou dobbs. he will be weighing in. tracy: if you have a job, you have felt the tax hike. ashley: presidents day. good afternoon to you. presidents day is what matters sales and auto sales. the u.s. holiday resulted in low trading volume. the market reacting. risks to the euro zone's recovery. speaking of europe,
china, the u.s., now canada, even leaders doesn't permit us to monitor. doesn't permit us to report to international body. doesn't permit an international body to tell us what to do with emission. sovereignty has become the obstacle to cooperation and increasely made states look more and more dysfunctional. how is that the most powerful, well equipped military nation in the world has ever seen the united states of america can't bring a handful of terrorists to heal in benghazi or mali, or afghanistan. the asymmetry between a massive military based on big ships, planes, and bombs and the reality of every day -- cross borders that a symmetry means that the war machine, the war machine of the greatest state there ever was is largelier relevant to the security threats we face. as we learn on 9/11 when in this city, a handful of hijackers living in the united states for years hijacked our planes and turned them to weapons. they didn't have to be given weapons by anyone. they seize them and use them and created devastation here. that, again, is a sign of this new asymmetry. and you find i
markets, as well. this is where we stand in the u.s. spanish yields higher, 5.31%. interestingly enough, we look ahead to mr. person unanimousky to give treasuries. gilt yield 2.018% is where we stand at the moment. giving support because of the risk off caused by those italian elections. euro/dollar, that's been down to 1.3039. that's the seven-week low, january 10th we hit that. dollar/yen, what a wild day yesterday for dollar/yep. we hit a 33-month high for dollar against the yen, 94.77. then we fell down to 90.85 at the moment. 91.94. aussie/dollar still weak. sterling/dollar, we're spinninged in at this low, 1.5166. selling has bounced back as you might expect against the euro. the italian election yesterday caused gold to spike up to around 1600. just below it at the moment at 1598. brent continues to weaken below 114 and nymex a little weaker at 92.32. that's where we stand in reaction to the after markets here to the italian elections. let's get more reaction on the asian markets with sixuan. >> thank you, ross. asian markets fell sd as the political stalemate in italy was felt
. the source describes them as crude pipe bombs. one in the bunker and the other in the pipe that police used to communicate with jimmy lee dykes, who demanded two children on a school bus before killing the driver, charles poland. he wanted attention, even asking police negotiators for a tv reporter to interview him. by monday, when they saw dykes hold i holding a gun, using a secret camera they somehow had managed to sneak inside, they were ready. they swooped in, throwing a stun grenade down the bunker's hatch. the police source says dykes fired his gun once. the team returned fire, killing dykes and freeing ethan. ethan's mother said i woke up for the first time in almost a week to a beautiful sight, my sweet boy. i can't describe how incredible it is to hold him again. and today he celebrates his 6th birthday. >> he captured the hearts of all of us and we instantly fell in love with a little boy that we didn't even know his last name. >> reporter: initially planned as a prayer vigil, it turned into a celebration. >> oh, honey, we're celebrating everywhere. >> reporter: ethan is already o
. good t have y with us. here's what is coming up -- far from home. why an egyptian blogger is seeking refuge in poland. on the edge -- why gibraltar is in new haven for spaniards. after the worst -- while londoners are changing their minds about germans. we first turn to the struggle for democracy in egypt. again, supporters of the opposition are being killed exactly two years after the bloody revolution that toppled dictator hosni mubarak. at the time, egyptia enthusiastically ushered in a new era, but the new president has since left many people deeply disappointed. some egyptians are downright worried beethat under the muslim brotherhood, the country has moved even further from democracy. one blogger is one of those who openly criticizes the new government, but he had to leave egypt to be able to do so. >> the market square is a popular tourist destination. usually, it is filled with people strolling through, taking pictures of st. mary's church, but not everyone carrying a camera here today is on holiday. kareem is not a taurus. he is a 28-will blog your -- 28- year-old logger --
talk to them, they're going to paint a picture for us, we're going to turn to two powerful investors for insight into what the conversation in washington means for the broader markets. cowen and company ceo jeff solomon will join us, and the bond king, bill gross. first, steve will bring us up to speed on the morning's top stories. steve? >> thank you, michelle. disney posting better than expected earnings and revenues after the bell. the company says it expects the next few quarters to be better on a stronger lineup of films and growing attendance at its theme parks. ceo bob iegory was on cnbc's "closing bell." >> you had a lot of ins and outs. basically, the trendser good. we had strong results at our domestic parks. the bookings have been pretty solid. advertising was okay. and generally speaking, our business performed well. and our interactive media group was profitable for the quarter. that's the first time the group has been profitable since we've been breaking it out. >> shares rising on the news late yesterday. up 39 cents, 0.72%. we'll talk more about disney with barclay's
uses his state of the union speech to urge congress to end the battle over the budget and work together to boost the u.s. economy and help the middle class. >> together we have cleared away the rubble of crisis. we can say with renewed confidence that the state of our union is strong. >>> there we go. >> who doesn't love to kick off a wednesday morning with the iea monthly oil report? >> they have lowered their oil demand growth expectations on weaker gdp forecasts. demand growth, 840,000 barrels a day in 2013. they've cut the forecast for opec crude to 29.8 million barrels a day. they say oil supply will hit a 12-month low in january. >> can we show crude and look at the reaction there? we'll take a look in one second. what else are they saying in this report? >> they say the non-opec supply will be rising. opec supply will be falling. non-opec supply is rising, one million barrels a day this year. then they talk about iran oil production hovering below the lowest in 30 years. new sanctions could see further declines in iranian output. they say the sanctions are costing around $40 bill
"newsline". u.s. president barack obama spent much of his first term battling a financial crisis. he won four more years with a pledge to get the economy going again. now he's outlined his strategy for making good on that promise. this year's state of the union address focused on job creation. but north korea also got high play. he said he would seek a tough response to tuesday's nuclear test. we have a report from washington. >> reporter: obama laid out his agenda for this year. he spoke about boosting domestic investment, particularly in infrastructure to bolster the economy and increase jobs. he said he wants to improve the livelihood of middle income americans. >> it is our generation's task to reignite the true engine of america's economic growth, arising, thriving middle class. >> reporter: he promised to tackle issues likely to face opposition from the republicans. tightening growth, tapping the nation's green ooh house emissions and fixes the immigration system. the president singled out north korea as a security threat. he said the regime can only achieve security and pr
sponsored by the u.s. postal service, he was in essence defrauding the government because the postal service requires everybody who works for it not to use any illegal drugs, and armstrong, landis claims, was, in fact, blood doping and using hormones chshgs are both forbidden by the fewer defrance and they claim by the postal service itself. it's a civil lawsuit claiming that he cheated the government and, of course, the u.s. postal service paid millions of dollars to sponsor the tour de france teams on which lance armstrong raced and, of course, won. now, metro detroit landis has already admitted cheating, but he says in the lawsuit that's how he knew what lance armstrong was up to. now, it's not a slam dunk, andrea, because, first of all, there's a question of how long ago this happened and whether you can still sue over it now. there's also a question of whether armstrong explicitly signed a contract with the postal service which would have forbidden him to do it, or whether it was a more general contract. his lawyers also say that they tried for weeks to settle this or work a resolution
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